Adani Group rejects OCCRP report that said it used ‘opaque’ funds to invest

India’s Adani Group on Saturday said its stocks and financials were unaffected days after the Organized Crime and Corruption Reporting Project (OCCRP) said business partners of the family used ‘opaque’ funds to invest in stocks.

Adani Group said the ‘misleading reports’ had no substantial impact on the group’s business performance, and said the group remained in compliance with the law.

The conglomerate highlighted investments by entities, including Qatar Investment Authority and GQG Partners, adding that it was committed to attracting investors as part of its 10-year capital program initiated in 2016.